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Vatee

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7.0
(1 Review)

Founded: 2013 Min Deposit: 1 USD

Headquarters: Vanuatu Max Lev: 1 : 500

Risk Level I

Vatee claims its regulation by VFSC, but no details in VFSC can prove that.

Score
Business Scope
0.0
Trading Cost
7.0
Trading Platforms
7.0
Support
7.0
Licence Status
VFSC 700521
Authorised
Contact
+678 22880
info@vateefx.com
https://www.vateefx.com/
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

7.0

好

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Company and Service

--

分數

Profile
Headquarters Address
Kumul Highway, Port Vila, Vanuatu
Founded 2013
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
Contact
暫無資料
Others
Website Language
Chinese(Simplified),  English,  Thai
Customer Service By
Phone,  Email,  Live Chat,  Web Form
Supported Language
Chinese(Simplified),  English,  Thai

Related Complaints

Q&A Complaints

How long does it take to process my withdrawal requests?

AndreeaP
South Africa
2024-05-30
ANSWER According to the information provided on Vatee's website, they will process your withdrawal application within 1-2 business days. However, it's important to note that Vatee also indicates that the withdrawal of funds may take longer due to unforeseen circumstances. You can find this pertinent information in the "DEPOSIT AND WITHDRAWALS Q&A" under "Trading Accounts".
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I couldn't find any license info of them, please help me.

Josius Tshabalala
Mali
2022-12-19
ANSWER Vatee claims it is owned and operated by Vatee Pty Limited, a company regulated by the Vanuatu Financial Services Commission (VFSC) under license number: 40097. We indeed find a match result to Vatee in VFSC.However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of Vatee Pty Limited. We would recommend exercising caution when dealing with VFSC- regulated brokers.
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Overall Score

7.0
1 Review

Cost 7.0

Platforms 7.0

Deposit & Withdrawal 7.0

Customer Support 7.0

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1 Review

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Gordon
0-6 months Zero Account Mayotte
Honestly I was a lil worried cause it was asking for a out of personal information but everythings fine. The costumer service has been very helpful.
2022-07-21
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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